Welcome to Kusto Group. We are a global investment company, focused on long-term value creation in high-growth markets.
Chairman of Kusto Group
We employ thousands of people in more than nine countries, across industries as diverse as agriculture, construction materials, real estate and retail. Together, we’re leading the way in developing innovative solutions to meet the challenges of the 21st century.
Kusto uses advanced technologies and pioneering business practices to deliver best-in-class services and products across all our operations; from Tambour and itsindustry-leading eco-friendly paint and construction materials in Israel to Kusto Agro and the implementation of state-of-the-art precision agriculture in Ukraine
KazBeef, is another exciting project under Kusto’s leadership, leading an ambitious programme to transform Kazakhstan’s vast arable land into a global production and export hub for premium beef products.
Our success over the decades has only been possible thanks to a dedicated, skilful, and entrepreneurial workforce. Without them, we simply wouldn’t be the company we are today.
Even during the difficult Covid-19 pandemic, our employees ensured the continued growth of our core businesses. Through the Kusto Help charitable programme, they have demonstrated their generosity of spirit, helping thousands of people hardest hit by the pandemic.
Building a company that harnesses our employees’ creativity and capacity for innovation is at the very core of Kusto Group’s values. Encouraging our workforce to think of themselves as entrepreneurs enables us to remain at the cutting edge. The pandemic has upended industries, societies and livelihoods across the globe. More than ever, the world needs businesses to rethink the norm and remake their industries.
At Kusto Group, we have built a company that stands ready to not only confront the new challenges posed by the post-Covid environment but to thrive under them.
Kusto Group is active across five main business areas: Agriculture, Construction & Materials, Real Estate & Retail, Oil & Gas, and our separate activities in Vietnam. Across the diverse range of sectors in our portfolio, we strive to introduce the latest technological, ecological, and customer-focused innovations.
You can Meet the Business here for further information on our divisions and individual business.
Kusto Group’s origins lie in the immediate aftermath of the collapse of the Soviet Union. In newly independent Kazakhstan, Yerkin Tatishev joined with other close friends to help turn around a failing mining operation in the Zhitikara region of the country, with the aim of revitalising devastated single-industry towns.
Years of neglect, combined with a sudden economic shock, had left the mines virtually bankrupt. But after four years of hard work and support from the local community, the team of young entrepreneurs was able to purchase the operation in 2002.
By leveraging advanced technologies, investing in the community and applying efficient business practices, the young team was able to reverse the decline and return the mines to profitability.
That initial entrepreneurial experience provided the seed capital used to create Kusto Group in 2008, which over time became the Kusto of today—a diversified company with operations in agriculture, oil & gas, construction, and real estate.
Currently, our operations and activities have expanded to nine countries: Singapore, Kazakhstan, Ukraine, Vietnam, Uzbekistan, Israel, Italy, the US, and Canada. Through our presence in these diverse markets, we have gained a unique range of experiences which we share across our various business divisions.
The company employs over 8,000 staff and has an annual turnover of more than $1bn. In 2013, Kusto Group permanently moved its headquarters from Almaty to Singapore in order to utilize the benefits of the global financial hub and support its growing international footprint.
Kusto Group is driven by innovation, entrepreneurial risk-taking and knowledge-sharing across companies and borders. We develop our company by working with international partners to identify and apply the latest technologies, practices and thinking to our different businesses across the globe.
A dynamic, varied workforce is key to our continued success. A healthy and impactful business can only succeed if workers at all levels feel empowered to generate and deliver. Knowledge-sharing between people, businesses and markets is essential to the growth of a company as diverse as Kusto Group. This principle is at the core of everything we do.
Kusto’s work around the world is supported by a network of high-value and long-lasting international partnerships. We don’t just aim to deliver best practices; we want to learn from them. For example, our partnership with Valmont Industries has allowed us to learn, adapt and promote the best agriculture practices in Kusto Agro, ensuring higher quality, better efficiency, and greater value in all our activities.
However, Kusto Group’s operations are not simply about growing revenues and the bottom line. At Kusto, we are committed to the communities where we work, giving back more than just employment and economic revitalisation. Our goal at Kusto is to invest time, money and resources into helping communities flourish, especially in tough times. Kusto Help was founded to ensure that the entire company is engaged with all stakeholders and goes beyond what is expected for the community.
Above all, Kusto Group seeks to promote collaboration, entrepreneurial spirit, and the courage to think outside the box. By instilling these values in all our businesses, we hope to deliver sustainable growth in the years ahead.
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